3SOF

GSIT EPS $0.11

Should be an $8 stock.  Up to $4.35 AH

http://biz.yahoo.com/bw/080731/20080731006073.html?.v=1

Let's see what tomorrow brings.

Looking good on an otherwise bad day.

GSIT; up on earnings.  Taking a short term risk that the gap will not fill.  We'll see.  I like the heavy buys today, confirming a candlestick buy signal.  http://www.americanbulls.com/StockPage.asp?CompanyTicker=GSIT&MarketTicker=NASD&TYP=S

Needham raised to buy from hold on May 9.  http://finance.yahoo.com/q/ud?s=GSIT

Bought 163 GSIT @4.09.   

Sold 41 ESEA @16.50.   

Total perfomance after 11 weeks
Me = $463.63 to $700.14; +51.01%
Dow = 12,264 to 12,969; +5.75%

ESEA has broken out of its range (a rising wedge, by the way) to the upside and will test its highs of 20 or so.  BDI is at an all-time high.  ESEA should trade at 40+.

Bingo.

Quote from: buddjas1 on April 29, 2008, 01:53:03 PM
My exit strategy is to sell for a 10% gain in 10 days or so. 

ESEA is channeling up and there is no point selling here.

This situation prompts me to express my Rule #3--never sell for a loss.

PAL was an exception because I had no business buying it in the first place.  (I got cocky buying stock in a compay that loses money every quarter.)

ESEA is a greatly undervalued stock, with a great and growing EPS.

Nice mention today:

http://biz.yahoo.com/tm/080429/17166.html?.v=1

With a little patience, I am actually 2% green (including commission) with ESEA.  We'll see what happens at 16 at the top of the range; a break-through will be powerful, otherwise I will sell.  Mental stop loss in at 15.2 or so (the breakeven point).

Quote from: pinoleropuro on April 29, 2008, 03:16:48 PM
what do you guys think of ASX?

I see a decline in earnings per share; so not the type of growth stock that I usually feel comfortable in.  Earnings to be released tomorrow.

I totally agree with what you said.  However, by starting with $450 or whatever, I cannot afford to sell for losses.  If I were to do so, I would quickly have zero.  I cannot wait to have enought for this project to diversify--my other picks are doing reasonably well.

I thought my timing was right with ESEA, but the market did not care.

My exit strategy is to sell for a 10% gain in 10 days or so. 

ESEA is channeling up and there is no point selling here.

This situation prompts me to express my Rule #3--never sell for a loss.

PAL was an exception because I had no business buying it in the first place.  (I got cocky buying stock in a compay that loses money every quarter.)

ESEA is a greatly undervalued stock, with a great and growing EPS.

Nice mention today:

http://biz.yahoo.com/tm/080429/17166.html?.v=1

You're right; make or break time for AOB.

Quote from: wpSoft2008 on April 23, 2008, 08:08:11 PM
Be very careful.

ESEA chart looked better but after 50% gain from its low, the risk is high compared with reward.

Hope that it can touch 18. But I will not buy it at this price. Many good bargins right now.

I'm always careful, but ESEA looks fine to me.  Normal buying pressure today.  I'm not sure the 50% rise from the January makes ESEA risky; if that were true stocks would never double.

Quote from: pinoleropuro on April 23, 2008, 12:49:42 PM
I wish I could find these types of returns;

Tell me about it.  We'll get those from time to time, but they are rare.

ESEA looking good, although perhaps there is resistance at 15.7-15.8.  We'll see.  I am thinking nothing serious, though.

Info:

Analyst upgrade in February; no downgrades, after 10K.  Price was about $14 then.
http://finance.yahoo.com/q/ud?s=ESEA

Added capacity in 2007, almost double.
http://www.euroseas.gr/files/Euroseas_4Q07_and_2007_Results.pdf

Quote from: AussieTrader on April 23, 2008, 04:07:18 AM
ESEA does indeed look like a nice move. As you kow that whole sector is really performing right now. I have EXM and now have ESEA as a probable entry Wednesday, thanks for sharing it.

One of my goals with 3SoF is to bring more choice and value added service to Premium subscribers and community members alike. We will be rolling out these sort of additions over the coming weeks / months.

Did you get some ESEA AussieTrader?  ESEA released good news today and the chart is trending up.  I am thinking 18 in the near future.

3SOF needs your help Aussie Trader.  I look forward to seeing what you will bring. 

http://biz.yahoo.com/iw/080423/0389543.html

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